News Snapshot:
Not all cheap tech stocks are good buys, however, this resilient cash flow rich Canadian tech name deserves closer inspection. Canadian tech stocks are in a technical bull market. The 22-constituent S&P/TSX Capped Information Technology Index is up 36% so far this year and has performed much better than a larger U.S. tech-heavy NASDAQ 100 Index which has gained 26.7% year to date. However, several Canadian tech stocks have been left behind in 2023. They still trade cheaply given historical valuations, and their future earnings and cash flow-generation potential. Could now be the right time to buy tech stocks trading...
